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| US Federal Reserve chairman Ben Bernanke. Reuters file photo. |
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The chairman of the United States Federal Reserve, Ben Bernanke, has said he expects the recession in his country to end this year. Mr Bernanke said the danger of another Great Depression, such as in the 1930s, had been averted. He said he expected recovery to begin next year. He said the world had come very close to financial meltdown last September before governments stepped in. He warned that the biggest risk to recovery would be a lack of political will to solve the problems besetting the economy. |
